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02 December 2020

Bloomberg’s McGlone thinks Bitcoin could hit $170K over the next two years

Bloomberg’s McGlone thinks Bitcoin could hit $170K over the next two years


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Bloomberg’s McGlone thinks Bitcoin could hit $170K over the next two years.

Bitcoin (BTC) has risen to rarely seen price highs, currently stalling between $17,000 and $18,500 before deciding on its next move.

“One key point that’s happening this year is Bitcoin volatility has been declining,” he said.

“Every other risk asset on the planet, volatility has been increasing, Bitcoin has been declining.”

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